I'm throwing a question out about how to get started in the infinite banking concept and the ability to leverage one of my properties to get started, does anyone have any experience in doing this? And the other quest...
I have a SF rental with tenants that have been there for about a year and a half. It is a very nice family who takes absolutely immaculate care of the property. The carpet still looks brand new! The problem is that it...
Hello Everyone:At this point, I am a prospective investor who is looking to get into multifamily real estate. In short, I'm in the research phase of my development and in doing so, I've encountered several strategies ...
Background:
I just turned 40. My net worth is 3.2 million. 1 million liquid cash, the other 2 million is equity in my houses including primary residence and rental properties for a total of 8 properties. Cash flow i...
Hi BP!I've been heavily investing in RE for 2+ years and I often try to extrapolate the future based on my basic experience. The latest of those extrapolations is to calculate how much net rental income is needed to s...
Hello BP Members,I recently bid on and "won" a property at an auction that occurred this past early March. Prior to bidding, I did my due diligence and felt comfortable bidding (i.e. ensuring it was a 1st mortgage, t...
I’ve been seeing a lot of articles with people (millennials, mostly) struggling to buy properties, whether it's their first home, or for investing in real estate. Curious what has been the experience here. If you’re m...
I got out of the stock market in 2009 after taking a $300k loss. Ironically, I had made about the same amount by actually predicting the crash and shorting the market at the top. I thought I could predict the upturn a...
I hope this post will help inspire new investors to keep pushing everyday until they reach their goals. I owe a lot of my success to the BP community and I hope to give back as much as I have received!
Three years a...